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fonzie (OP)
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April 07, 2014, 01:51:22 PM |
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National holiday in China is soon over and we´re expectin bad news any time soon(few hours) also April 15th has been given as a deadline.
I would like to know if and how everyone is prepared if total chaos should enfold fast and we go below 100$ in the next week/months.
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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p0peji
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April 07, 2014, 01:52:37 PM |
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First vote  |
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fonzie (OP)
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April 07, 2014, 01:53:08 PM |
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi |
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podyx
Legendary
 Offline
Activity: 2338
Merit: 1035
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April 07, 2014, 01:54:13 PM |
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LOL You are gonna look so incredibly stupid in a couple months  |
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UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
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April 07, 2014, 02:42:53 PM |
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I remember a China deadline in december. Or was it january? Everybody was expecting a huge crash. Nothing happened.
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fonzie (OP)
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April 07, 2014, 03:09:00 PM |
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The HODL sentiment is still strong in this forum.  |
"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi |
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manrus
Legendary
Offline
Activity: 1334
Merit: 1004
TTM
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April 07, 2014, 03:13:27 PM |
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I will HODL forever.
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Equate
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April 07, 2014, 03:14:00 PM |
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Time to buy then
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dandirk
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April 07, 2014, 03:16:29 PM |
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The HODL sentiment is still strong in this forum.
Your opinion is just as strong and based on a lot of your comments the exact same thing (just opposite).  |
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GTO911
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April 07, 2014, 03:18:57 PM |
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Bitcoin ship is sinking, pure POS is here
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Holdaaja
Legendary
Offline
Activity: 1274
Merit: 1000
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April 07, 2014, 03:23:16 PM |
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I will hold my lazy 4 coins forever, and if still goes lower I might buy more, if I have money at the time...
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zzojar
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April 07, 2014, 04:41:15 PM |
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The HODL sentiment is still strong in this forum. This guy has too many bitcoins in his boat hull. |
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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April 08, 2014, 12:18:43 AM |
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My strategy:
1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use 67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position
On the rebound repeat above with long CFDs.
1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use 33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.
Net result increase of both BTC and fiat positions.
I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen.
Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.
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y3804
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April 08, 2014, 12:32:24 AM |
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Suicide is the obvious choice here.
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BitchImightbe
Member
Offline
Activity: 119
Merit: 10
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April 08, 2014, 12:48:33 AM |
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Suicide is the obvious choice here.
People like you are the worst  |
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p0peji
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April 08, 2014, 12:49:35 AM |
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Doubting if BTC will go down from here.
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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April 08, 2014, 01:00:22 AM |
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People like you are the worst + 21000000 |
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Arghhh
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April 08, 2014, 01:03:46 AM |
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If.
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fonzie (OP)
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April 08, 2014, 09:29:49 AM |
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My strategy:
1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use 67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position
On the rebound repeat above with long CFDs.
1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use 33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.
Net result increase of both BTC and fiat positions.
I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen.
Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.
Sounds like a perfect plan. Maybe you should take out a patent for your strategy and sell it to the faithful "only hodl" in here. |
"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi |
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serenitys
Full Member
Offline
Activity: 126
Merit: 101
Be Here Now
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April 09, 2014, 04:01:38 AM |
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If it goes below $100, I'm backing up the truck.
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You say "anti government" like that's a bad thing...
Unfortunate times will bring out the best in good people and the worst in bad people
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